FL ARCHIVED November 2016 | Page 16
Market Action Report
City: Clearwater Beach
November 2016
Clearwater Beach
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for November was 370, down 22.1%
from 475 days last month and up 156.9% from 144 days in
November of last year. The November 2016 DOM was at a mid
level compared with November of 2015 and 2014.
3 Mo Avg
500
450
370
400
350
300
220
250
200
144
150
100
50
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The November 2016 Selling Price per Square Foot of $444 was
down 29.8% from $632 last month and down 15.8% from 527 in
November of last year.
3 Mo Avg
700
650
600
527
550
500
444
450
377
400
350
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The November 2016 Selling Price vs
Original List Price of 84.6% was down from 87.4% last month
and down from 93.5% in November of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
100%
93.5%
86.4%
84.6%
80%
60%
40%
20%
0%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
90
30
77
75
76
70
67
66
65
60
58
62
57
56
52
49
61
54
55
55
64
60
55
54
54
54
52
51
51
49
47
47
40
45
50
50
66
60
64
70
71
80
42
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in November 2016 was 11, up 10.0% from 10 last month and up
22.2% from 9 in November of last year.
20
10
0
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALTO
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
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